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Jan 1, 2013
01/13
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cliff right now. we're looking forward to anderson and kathy. they're coming up at the top of the hour. stand by for that. >>> looks like a deal. we're follow the breaks news. we'll see if the senate actually does have a roll call vote on the floor of the senate within the next two hours. jessica yellin is over at the white house watching what's going on. you put it in good perspective earlier, dana bash is up on the hill. if there's a deal, jessica, if the senate does vote tonight, are you hearing anything that we might also hear at some point tonight from the president of the united states? >> i think that it is new year's eve and president obama wouldn't want to do anything that would say or do anything to derail this process in any way. i do not expect to hear from the president tonight. i would not be surprised if we hear from him, wolf, tomorrow at some point. and i do think that we know he's been on the phone with both harry reid and nancy pelosi so he has been hard at work and i also know he h
cliff right now. we're looking forward to anderson and kathy. they're coming up at the top of the hour. stand by for that. >>> looks like a deal. we're follow the breaks news. we'll see if the senate actually does have a roll call vote on the floor of the senate within the next two hours. jessica yellin is over at the white house watching what's going on. you put it in good perspective earlier, dana bash is up on the hill. if there's a deal, jessica, if the senate does vote tonight,...
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Jan 1, 2013
01/13
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theepotential deal could change...but here's hat we know aboot the fiscal cliff deal right now... now...the mmrginal tax ratee forrhouseholds making more than 450 thousand dollars to 39-point-6 percent. percenn.the 2-peecent payroll tax cut ffr every working end.there could be a permaneet fix to the alternative minimmm . tax...there could be a 5- million dollar eeemption on amount....thh tax rate would go from 5 tt 0-percent percent...and the sequester will apparently be deeayed... whiieethe fiscal cliff resolution hangs in tte &pbalance...americans could soo breatte a sigh of relief when it comes to milk prices. prices.lawmakerssagreed to sign a one year extension of the u-s arm bill... that would ssop prices from douuling in 2013.the house of representatives' the agricuuturr coomittee...the nnxt step is to see if it will be passed by the house and penate... and the be signed by the president. here's a live look at the capitol tonight...we'll take a look at just how álittleá lawmakers inside that building got done this year..in 10 minutes... on fox45 news at ten it was a violen
theepotential deal could change...but here's hat we know aboot the fiscal cliff deal right now... now...the mmrginal tax ratee forrhouseholds making more than 450 thousand dollars to 39-point-6 percent. percenn.the 2-peecent payroll tax cut ffr every working end.there could be a permaneet fix to the alternative minimmm . tax...there could be a 5- million dollar eeemption on amount....thh tax rate would go from 5 tt 0-percent percent...and the sequester will apparently be deeayed... whiieethe...
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Dec 27, 2012
12/12
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CNBC
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cliff or higher capital gains reached right now? do you think it's an artificial dip? >> i think it is more than an artificial dip. i think you had smart to the market selling by december 31st you're going to have to pay taxes and whether you have taken your profit or not taken your profit. the second thing is of course evening out from the funds for year end and the third thing is of course gold did not look at incompetent flags upcoming in the last four weeks gold has been looking at the possible recession because if we're going to have less spending and higher taxes and a cap on the economy, then of course you don't need gold to preserve purchasing power so the gold managers have been pairing down gold and looking at other staassets. they've been looking at platinum and palladium. you have 11-year-old car fleets that have to be redone at some point. new sales. 400,000 cars that were damaged over a period of time in the storms. 250,000 superstorm sandy here. 40,000 pounds of copper go into a car. housing has turned up a little bit
cliff or higher capital gains reached right now? do you think it's an artificial dip? >> i think it is more than an artificial dip. i think you had smart to the market selling by december 31st you're going to have to pay taxes and whether you have taken your profit or not taken your profit. the second thing is of course evening out from the funds for year end and the third thing is of course gold did not look at incompetent flags upcoming in the last four weeks gold has been looking at...
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Jan 1, 2013
01/13
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cnn's coverage of the fiscal cliff continues right after this.
cnn's coverage of the fiscal cliff continues right after this.
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Dec 27, 2012
12/12
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what i want -- i don't want people to get excited about this fiscal cliff. right? so you laugh, right. >> i'm not laughing but if you take a dollar out of every -- that's a tax. >> i understand. i would rather self impose a tax than be forced to do something. therefore you're going to want to do it. for me, it's muscle memory. once you try it, you'll feel a tremendous patriotism and it will be -- >> did you hear that lieutenant colonel representative say we don't have a tax problem, we don't have a revenue problem, it's a spending problem? this doesn't address the problem in washington. that's the problem. >> again, once we band together, companies and citizens, we're listen, we need additional receipts, period. that's a known. it's going to happen for a period of time through -- >> you're a business guy. we're run out of time.j3 if you take in money but spend more, you're still taking in more money every year. you have to worry about the spending side, not revenue. >> the good faith program i started is going to force our elected officials to do something. we'll
what i want -- i don't want people to get excited about this fiscal cliff. right? so you laugh, right. >> i'm not laughing but if you take a dollar out of every -- that's a tax. >> i understand. i would rather self impose a tax than be forced to do something. therefore you're going to want to do it. for me, it's muscle memory. once you try it, you'll feel a tremendous patriotism and it will be -- >> did you hear that lieutenant colonel representative say we don't have a tax...
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Dec 25, 2012
12/12
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they have just seven days to reach a deal on the fiscal cliff, and right now, president obama and house speaker boehner are still far apart on an agreement. they'll be back to work on thursday to try to prevent this looming financial disaster. >>> he played the grouchy oscar on the odd couple, and tonight, hollywood is remembering jack klugman, the versatile character actor died at his california home today. from 12 angry men, he had decades of memorable roles on film and tv. he was 90 years old. >>> well, it could be a christmas of extreme weather for much of the u.s. a major storm is developing and gaining strength in the south. and it could lead to tornado outbreak. there are also warnings of hail, high winds, and heavy rain across the region. stay with cnn for the very latest on the threat of this dangerous weather. and on a much more cheerful note, here comes santa and his reindeer. norad is watching the jolly fellow, as is the tradition since 1955, tracking st. nick as he delivers all of those presents to kids around the world. right now, he's in greenland. keep watching, keep wai
they have just seven days to reach a deal on the fiscal cliff, and right now, president obama and house speaker boehner are still far apart on an agreement. they'll be back to work on thursday to try to prevent this looming financial disaster. >>> he played the grouchy oscar on the odd couple, and tonight, hollywood is remembering jack klugman, the versatile character actor died at his california home today. from 12 angry men, he had decades of memorable roles on film and tv. he was 90...
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Dec 24, 2012
12/12
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so why doesn't the administration want a deal, why do they want to go over the fiscal cliff? can you hear us? okay, we're going to have to fix bills hearing problems. he will take a quick break and come back with bill wilson right after this. stay tuned. you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio suary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >> phil wilson can't hear us now. sorry about the difficulty with your hearing device. let's talk about the president going off the fiscal cliff or not. >> i think it is crystal clear that that is the case. his response was to offer, what he called, a small proposal. extend another $30 billion, no spending cuts and let's go back to my tax plan. that is not trying to move the ball forward. that is rubbing sal
so why doesn't the administration want a deal, why do they want to go over the fiscal cliff? can you hear us? okay, we're going to have to fix bills hearing problems. he will take a quick break and come back with bill wilson right after this. stay tuned. you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith...
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Dec 31, 2012
12/12
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appreciate your time. >> right now the threat of the fiscal cliff hanging over our entire nation. we will see a deal before the deadline. will it happen? now less than 25 hours away. lawmaker who's think the president wants to go over the fiscal cliff? why? i will ask him. there is no mass-produced human. and there is one store that recognizes it. the sleep number store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualizes your sleep. the only place you'll find the sleep number bed. a bed with dual-air technology that allows you to adjust to the support your body needs. and the only place you'll find the sleep number year-end event. save 50% on the final closeout of our silver limited edition bed. plus, through new year's day, special financing on selected beds. in the name of human individuality: the sleep number collection. and the sleep number year-end event. exclusively at one of our 400 sleep number stores nationwide, where queen mattresses start at just $699. sleep
appreciate your time. >> right now the threat of the fiscal cliff hanging over our entire nation. we will see a deal before the deadline. will it happen? now less than 25 hours away. lawmaker who's think the president wants to go over the fiscal cliff? why? i will ask him. there is no mass-produced human. and there is one store that recognizes it. the sleep number store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive...
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Dec 30, 2012
12/12
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what we are seeing is more and more people right now as congress looks that the fiscal cliff, talking about the things that concerns them. i want to tell you, some things watching right now who think the country should goefrt fiscal cliff, a quote i got there on facebook, talking about this, this one says let's go over it. it is long overdue and we need several more just like t some politicians see it as the easiest way of implementing long overdue cuts without endless congressional squabbles from adam chance campbell wrote on my facebook page. y'all will like the next one, look that the quote from jeff clark, what the mayans couldn't do in thousands of years both houses of congress are doing. let me tell everybody, the world will not end if we go over the fiscal cliff. i don't want you to feel that watch doesn't mean there aren't serious concerns for a lot of people involved. a couple more here from facebook this one says they need a reality check in how the 98% really lives. that's from felicia persaud on facebook. one more here the people express third desire for ending the bush ta
what we are seeing is more and more people right now as congress looks that the fiscal cliff, talking about the things that concerns them. i want to tell you, some things watching right now who think the country should goefrt fiscal cliff, a quote i got there on facebook, talking about this, this one says let's go over it. it is long overdue and we need several more just like t some politicians see it as the easiest way of implementing long overdue cuts without endless congressional squabbles...
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Dec 28, 2012
12/12
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>>> just days away from the fiscal cliff right now. can lawmaker reach a last- minute deal in time? a live report from capitol hill coming up. >> plus, a u.s. general way memorable military career has passed away. a look at the life and legacy of desert storm commander norman schwarzkopf. >> a redskins-cowboys preview with dave ross a little bit later. fox 5 morning news continues right now. right now. >> you can see how clear it is. clearly. friday, december 28th. good morning. i'm sarah simmons. h simmons. >> let's talk to tucker barnes about the weather. >> we are looking fine. it is chilly out there. kind of seasonbury chilly. temperatures back in the low to mid-30s and we'll be in for a decent day. about maybe 40, 42 today, partial sunshine. so friday looks good. tomorrow, things get a little more interesting as we've got this winter event on the way. not a huge event but it is an event. >> it is an event but not quite an event. >> okay. i'm just excited about it. >> you are allowed to be excite about it. we don't want to scare people. >> i know. i won't. >> 33 this morning at
>>> just days away from the fiscal cliff right now. can lawmaker reach a last- minute deal in time? a live report from capitol hill coming up. >> plus, a u.s. general way memorable military career has passed away. a look at the life and legacy of desert storm commander norman schwarzkopf. >> a redskins-cowboys preview with dave ross a little bit later. fox 5 morning news continues right now. right now. >> you can see how clear it is. clearly. friday, december 28th....
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Dec 30, 2012
12/12
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it's our exclusive fiscal cliff roundtable and it's coming up right now on cnn. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. on any new volkswagen. boproductivity up, costs down, thtime to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. >>> it is the one issue that affects just before he single one of us you can the fiscal cliff. think of it as, well this way, our economy is in a car headed toward that cliff and there's a lot of stake, including massive spending cuts and social programs and defense, expiration you the bush era tax cu
it's our exclusive fiscal cliff roundtable and it's coming up right now on cnn. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. on any new...
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Dec 27, 2012
12/12
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FBC
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even if the fiscal cliff is solved, less damaging ways to resolve the fiscal cliff, the housing market still might be affected if the mortgage interest deduction is cut back severely. right now the mortgage interest deduction cost the government roughly $100 billion per year in revenue and getting rid of that would likely increase home values particularly in more expensive areas. gerri: rehear it would put the brakes on selling and home buying in those areas. what are the issues for you? you know all the issues and housing, what are you looking for next year? >> three things have been really important, the first is the inventories of homes for sale are down sharply. that is great news for home sellers because there is less competition. bad news for buyers. demand is also up, rising rent, rising prices, both of those will get urgency. the growth hasn't been great but it has been enough to get people off the fence, people feel more secure so demand is up. and finally, credit. it will be important to look at what are the standards to get a mortgage, much harder to get a mortgage even thou
even if the fiscal cliff is solved, less damaging ways to resolve the fiscal cliff, the housing market still might be affected if the mortgage interest deduction is cut back severely. right now the mortgage interest deduction cost the government roughly $100 billion per year in revenue and getting rid of that would likely increase home values particularly in more expensive areas. gerri: rehear it would put the brakes on selling and home buying in those areas. what are the issues for you? you...
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Dec 27, 2012
12/12
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he complains i've not delivered solutions to the fiscal cliff. he's in error. we all know that in july of this year we passed in the senate the relief that would give -- that it would give to middle class americans. that -- that passed the senate. now, we know the republicans have buried themselves in procedural roadblocks in everything we're trying to do out here and now they are saying, well, we can't do the 250 because it wasn't blue slipped, because it will be blue slipped. mr. president, how does the american people retook the that? there was a bill introduced by the ranking member of the ways and means committee in the house, sandy levin, that called for this legislation. the speaker was going to bring it up to kill it, but he couldn't kill it and then we moved to plan "b," the debacle of all debacles. it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republicans it was so absurd, he meaning the speaker, so it's very clear now, mr. president, that the speakers's number one goal is to
he complains i've not delivered solutions to the fiscal cliff. he's in error. we all know that in july of this year we passed in the senate the relief that would give -- that it would give to middle class americans. that -- that passed the senate. now, we know the republicans have buried themselves in procedural roadblocks in everything we're trying to do out here and now they are saying, well, we can't do the 250 because it wasn't blue slipped, because it will be blue slipped. mr. president,...
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Dec 26, 2012
12/12
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cliff talk, anything you would buy right here? >> well, i would say, you know, first of all, i might push back a little bit. i think that the market has been a little bit complacent. i think the market believes that -- than common sense will prevail in this, and i -- i -- as i keep saying i believe that the calculus of congress is complex. it doesn't follow the normal accounting results, and so we just assumed that everything is going to be fine and in that sense we believe that the tail risks regarding the fiscal cliff have not really been fully priced in. we do believe there's risk here. if we can get past this, then clearly i think we've got a very positive environment given all the other good things that have been said over and above that, that if we go over the cliff, if there's a real possibility, then we'll see consumer incomes go down and like i said earnings expectations are likely to be revised lower, so what do we like fundamentally? >> pretty defensive areas in many cases there? >> i would say that -- >> thank you. we'
cliff talk, anything you would buy right here? >> well, i would say, you know, first of all, i might push back a little bit. i think that the market has been a little bit complacent. i think the market believes that -- than common sense will prevail in this, and i -- i -- as i keep saying i believe that the calculus of congress is complex. it doesn't follow the normal accounting results, and so we just assumed that everything is going to be fine and in that sense we believe that the tail...
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Dec 31, 2012
12/12
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the fiscal cliff, the house of representatives saying they will not vote tonight and right now we are going over the fiscal cliff but they are getting a raise. >> it makes no sense at all. the president issued an executive order affecting a lot people, a lot of workers in the executive branch and in congress, as well, and also affects the vice president, and the speaker boehner and all these guys are getting a pay raise while this is happening. i cannot imagine the public is going to view this positively when they see congress unable to make the most basic decision about how they receive for the next year and the president gives them a pay raise. >> it is not percent began dick pay raise, the vice president pay will increase from $225,000 to $231,000 a year but, again, the timing is curious. what do you think was going on? >>guest: many are not getting any raise across america, and many americans are looking for work. this is also something different, i called up someone on capitol hill and said, the president gave you a pay raise, doesn't congress handle that itself? there is a separ
the fiscal cliff, the house of representatives saying they will not vote tonight and right now we are going over the fiscal cliff but they are getting a raise. >> it makes no sense at all. the president issued an executive order affecting a lot people, a lot of workers in the executive branch and in congress, as well, and also affects the vice president, and the speaker boehner and all these guys are getting a pay raise while this is happening. i cannot imagine the public is going to view...
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Dec 24, 2012
12/12
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to do i think anybody in congress can agree on is to get a sound bite about the fiscal cliff. gerri: we agree to disagree, am i right? >> would definitely agree torand disagree. gerri: thank you for coming on. when we come back, the results of the study showing waste, fraud and abuse in the nation's skies. and ibm getting flack from making major changes to the retirement program thawhat cost to employees? could your employer play fast could your employer play fast one on you too? when some people struggle with their mortgage payments, they become frozen, petrified. not knowing what to do, they do nothing, but the people who do something, the people who take action, are far more likely to get the most positive outcome. making home affordable is a free government program. call now to talk one on one with a housing expert about the options that are right for you. real help, real answers right now. announcer: it's timothy green's first day at school. what's in there? he's about to fall over. just anything he might need. there's a box of tissues on the bottom and some band-aids; th
to do i think anybody in congress can agree on is to get a sound bite about the fiscal cliff. gerri: we agree to disagree, am i right? >> would definitely agree torand disagree. gerri: thank you for coming on. when we come back, the results of the study showing waste, fraud and abuse in the nation's skies. and ibm getting flack from making major changes to the retirement program thawhat cost to employees? could your employer play fast could your employer play fast one on you too? when...
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Dec 30, 2012
12/12
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KGO
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avoid the fiscal cliff and people's taxes going up or do nothing and let it happen. we didn't want to be in that position, but speaker boehner pulled out of the deal a week and a half ago. it's not fair to blame the president. >> but i've got to ago you this question because this is one f the big sticking points left. whose taxes go up, people making over $250,000 as the president wants or republicans suggested nobody or people making over a million dollars, but you, senator schumer, had proposed raising taxes only on those making over a million dollars. and i want to take a look at what you said about this proposal going up $250,000 last year. you said "in the eyes of many, it is hard to ask households making $250,000 or $300,000 a year. in large parts of the country, that kind of income does not get you a big home or lots of vacations or anything else that is associated with wealth. it also would affect too many small businesses." weren't you right back then when you said it would be wrong to raise taxes on those? >> we offered that to our republican colleagues two
avoid the fiscal cliff and people's taxes going up or do nothing and let it happen. we didn't want to be in that position, but speaker boehner pulled out of the deal a week and a half ago. it's not fair to blame the president. >> but i've got to ago you this question because this is one f the big sticking points left. whose taxes go up, people making over $250,000 as the president wants or republicans suggested nobody or people making over a million dollars, but you, senator schumer, had...
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Dec 28, 2012
12/12
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still no fix on the fiscal cliff, but there are developments right now, as you know. brian just mentioning there. various congressional leaders and the president getting set to meet at the white house this hour to work on last-minute negotiations all in an effort to avoid those series of tax increases and spending cuts due to take effect next year. what we hear is the senate leaders are there. speaker boehner and minority leader nancy pelosi have yet to arrive, but now we're showing you live pictures. maybe somebody is going to get out of that car, and we'll see if any of the other leaders will be heading to the white house. this is speaker boehner right now heading into the white house. we'll keep you updated as this hour progresses here. >> indeed, meantime, more red arrows here on wall street as investors are awaiting for any signs of progress from the white house meeting which is about to get under way. right now we're sitting smack on 13,000. we've clawed back from being below that earlier on today. the nasdaq has also moved to the downside by half a percent as w
still no fix on the fiscal cliff, but there are developments right now, as you know. brian just mentioning there. various congressional leaders and the president getting set to meet at the white house this hour to work on last-minute negotiations all in an effort to avoid those series of tax increases and spending cuts due to take effect next year. what we hear is the senate leaders are there. speaker boehner and minority leader nancy pelosi have yet to arrive, but now we're showing you live...
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Dec 30, 2012
12/12
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ali, why does it have to be a scr scramble as the fiscal cliff is approaching and why right now? what will it take to hold congress' feet to the fire finally? i mean, if it has not been held to the fire now sh, and how soo will people start feeling the pain if no deal is reached? ali, bring in both sides of the political aisle and republican strategist anna navarro and maria cardona in washington. welcome the both of you. anna, why are we here right now? why are we sitting here right now talking about this right now with the senate gone home and congress in there working and the light is on, but few people are at home. why are we doing this? >> there is no good explanation. there's definitely no justification and no excuse for this. this is like, don, when you at the beginning of the year, when you are in school at the beginning of the year and you have been assigned a big project and you leave it to the last night. when i used to do thoo i was punished. if kids behaved the way the congresspeople were, they would be in time-out. if it were the private sector, they'd all be fired.
ali, why does it have to be a scr scramble as the fiscal cliff is approaching and why right now? what will it take to hold congress' feet to the fire finally? i mean, if it has not been held to the fire now sh, and how soo will people start feeling the pain if no deal is reached? ali, bring in both sides of the political aisle and republican strategist anna navarro and maria cardona in washington. welcome the both of you. anna, why are we here right now? why are we sitting here right now...
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Dec 28, 2012
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i think both sides are looking at if fiscal cliff right now and saying, well, we could go over this thing. it wouldn't be the end of the world and that's a very different view in washington than it is on wall street. i can tell you that. >> eamon, thanks. i know you've got a long day ahead, a long afternoon as well. eamon javers in washington. >> isn't it unbelievable. you have this huge, looming problem, i'll wait until later this afternoon to deal with it. >> and the whole sequester was a way to deal with this later. and corker, i think, on some of the morning shows this morning, senator corker said the worst case today would be to set up another later deadline that would keep the hard questions -- >> and i think a lot of this is so abstract, but if those milk prices go up for people around this country, that's going to be the thing that gets people really animated. >> that and payroll taxes, if they go up, that will hit a lot of americans across the board. >> interesting to see a lot of the stocks today that have exposure to dairy futures, whether it's an hsy, who knows? i haven't even
i think both sides are looking at if fiscal cliff right now and saying, well, we could go over this thing. it wouldn't be the end of the world and that's a very different view in washington than it is on wall street. i can tell you that. >> eamon, thanks. i know you've got a long day ahead, a long afternoon as well. eamon javers in washington. >> isn't it unbelievable. you have this huge, looming problem, i'll wait until later this afternoon to deal with it. >> and the whole...
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Dec 31, 2012
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unitedhealthcare. >>> all right. down to the wire. still no deal on the fiscal cliff. are the democrats and republicans too far apart at this point to reach a deal before midnight? i hope not. >> is the cliff armageddon for the defense department. what these defense cuts would mean for national security. >>> a health scare for hillary clinton. what doctors say happened and an update on her condition. >> i'm ali velshi. >> and i'm christine romans. >> and i'm dr. sanjay gupta. john and zoraida are both off. >>> millions of americans will countdown to a fiscal cliff. a development that could send the nation back to recession. yesterday, the two parties turned to their respective closers, vice president joe biden and senate minority leader mitch mcconnell to get a back door deal done. the republican is not giving up. >> i'm interested in getting a result here. willing to work with whoever can help. there is no single issue that remains an impossible sticking point. >> all right according to the president, there has always been and still is one big sticking point. raising
unitedhealthcare. >>> all right. down to the wire. still no deal on the fiscal cliff. are the democrats and republicans too far apart at this point to reach a deal before midnight? i hope not. >> is the cliff armageddon for the defense department. what these defense cuts would mean for national security. >>> a health scare for hillary clinton. what doctors say happened and an update on her condition. >> i'm ali velshi. >> and i'm christine romans. >>...
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Dec 31, 2012
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also tonight, say the words with me here, fiscal cliff. no vote yet, no agreement yet. and not a lot of time left. can you say one more day? we're going to start with the secretary of state, hillary clinton, hospitalized with a blood clot. it was discovered today during a follow-up exam. are dids say it is related to a concussion she suffered earlier this month. you'll recall the former first lady was suffering from a omach virus when she fainted. we want to bring in dr. sanjay gupta now. she was just cleared to return to work this week, and now this. >> first of all, there are a couple things that are important. it sounds like she went in for a routine exam, they found a clot, a blood clot, they did not specify where this clot was located. she's hospitalized on blood thinners, anti-coagulants. these are important points. from a medical perspective, first of all, finding this on a routine exam means that she didn't go in for some particular new problem or concern. and the fact that she's on blood thinners, specifically from this really suggests to me -- this is not a bl
also tonight, say the words with me here, fiscal cliff. no vote yet, no agreement yet. and not a lot of time left. can you say one more day? we're going to start with the secretary of state, hillary clinton, hospitalized with a blood clot. it was discovered today during a follow-up exam. are dids say it is related to a concussion she suffered earlier this month. you'll recall the former first lady was suffering from a omach virus when she fainted. we want to bring in dr. sanjay gupta now. she...
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so tell us, what can the average person do to sort of thwart against the realities of the fiscal cliff? >> my first tip is just relax. it's not going to be armageddon right off the bat. i mean, it is worth pointing out we hear the humongous figures like $500 billion in tax increases and stuff like that. most of those will not affect people until it's time to fill out the tax returns and won't happen until 2014. say the tax rates go up, the government is not going to automatically withhold more money from the paycheck and the tax rates can be in effect for most of the year. we hope they're not but congress could rescind them toward the end of the year and one thing to affect you is the payroll tax cut, two percentage points and spoebed to be temporary anyway. >> rick, one of the suggestions that you have, turn off the tv until congress reaches a deal. the media will find little else to talk about. the endless chatter creates the mistaken impression that the country is going down the drain. >> turn off all the other channels is what i meant. >> you leave the impression we're fearmongerin
so tell us, what can the average person do to sort of thwart against the realities of the fiscal cliff? >> my first tip is just relax. it's not going to be armageddon right off the bat. i mean, it is worth pointing out we hear the humongous figures like $500 billion in tax increases and stuff like that. most of those will not affect people until it's time to fill out the tax returns and won't happen until 2014. say the tax rates go up, the government is not going to automatically withhold...
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Jan 2, 2013
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there were not enough votes, so that is why we are facing this fiscal cliff right now. nancy pelosi, harry reid, for six years they knew this was coming. last term of president obama, there was no budget passed. nobody is talking, the liberal media is not talking. they are hiding the bills that were passed in the house to be tabled and never brought up and never be accountable for. i hold the republicans accountable, too, because they did not step up to the mike and point the finger towards the blame. i have another question to ask. obama asked for complete congressional powers about being able to pull up and give any amount of money that he wanted, taking those powers away from the house. i think that is completely ludicrous. as far as the last caller asking out the democrats and republicans, that me see, if the democrats put a bill together and the republicans don't vote for it, they are mad at it, but if the republicans put a bill and let's say cave to the democrats, there is no bipartisan. i have never seen the democrats actually cave and take care of the fiscal cli
there were not enough votes, so that is why we are facing this fiscal cliff right now. nancy pelosi, harry reid, for six years they knew this was coming. last term of president obama, there was no budget passed. nobody is talking, the liberal media is not talking. they are hiding the bills that were passed in the house to be tabled and never brought up and never be accountable for. i hold the republicans accountable, too, because they did not step up to the mike and point the finger towards the...
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Dec 27, 2012
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there's no time left, we're falling off the fiscal cliff. what happens if we do? what does it mean to the average american? we're going to break down the facts coming up. >> announcer: if congress fails to agree to a plan to avoid the fiscal cliff, it will result in $40 million in funding cuts for the maternal and child health block grant resulting in 5 million less families served. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. with scottrader streaming quotes, any way you want. fully customize it for your tr
there's no time left, we're falling off the fiscal cliff. what happens if we do? what does it mean to the average american? we're going to break down the facts coming up. >> announcer: if congress fails to agree to a plan to avoid the fiscal cliff, it will result in $40 million in funding cuts for the maternal and child health block grant resulting in 5 million less families served. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because...
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Dec 28, 2012
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it's the fiscal cliff every year, believe me. >> it is, oh, yeah. all right. happy birthday. she a mrs. williams? >> she used to be. she's mrs. bond. so happy birthday. >> all right, gentlemen. you know, you solved nothing, neither one of you. but thank you for coming on. we appreciate it. >> thanks, guys. >> happy new year. >> coming up, gold prices coming under a lot of pressure in the final trading sessions 2012. but will the yellow metal once again become a precious investment, a priceless call when we return? >> comments, questions? send them to @squawkcnbc on twitter. follow the show and look for updates from andrew, becky, joe and the "squawk" staff. "squawk box" on cnbc, and on twitter. ee, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more
it's the fiscal cliff every year, believe me. >> it is, oh, yeah. all right. happy birthday. she a mrs. williams? >> she used to be. she's mrs. bond. so happy birthday. >> all right, gentlemen. you know, you solved nothing, neither one of you. but thank you for coming on. we appreciate it. >> thanks, guys. >> happy new year. >> coming up, gold prices coming under a lot of pressure in the final trading sessions 2012. but will the yellow metal once again become...
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Dec 27, 2012
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if not for the so-called fiscal cliff debate they're trying to strike a deal on. that would be also on other legislation that would come up with 113th congress. democrats want to ensure they have 55 votes when the 113th congress begins on january 3rd. >> senior political editor mark murray for us on this thursday, appreciate it, sir. >> thank you, craig. >>> outrage of russian president vladimir putin's decision to sign a bill to block americans from adopting russian children and a video of a squarm bursting in a shopping mall. details on that story around the "news nation." [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of dollars in out-of-pocket costs. call today to request a free decision guide to help you better unde
if not for the so-called fiscal cliff debate they're trying to strike a deal on. that would be also on other legislation that would come up with 113th congress. democrats want to ensure they have 55 votes when the 113th congress begins on january 3rd. >> senior political editor mark murray for us on this thursday, appreciate it, sir. >> thank you, craig. >>> outrage of russian president vladimir putin's decision to sign a bill to block americans from adopting russian...
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Dec 27, 2012
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message to lawmakers about the fiscal cliff. they're using coffee cups to do the job. the ceo at starbucks is urging starbucks workers and employees in the washington, d.c. area to write on the cups, come together, come together right now. i guess quoting the beatles. thursday and friday. dennis, what do you think?. >> that should fix it. that's all we needed. either conjures up very old beatles cliche or elusive quest in the bedroom. they should cut spending or raise taxes on rich and let people vote. >> like the big gulp. cut taxes or --. adam: i feel like i need a cigarette. >> come together. oh that has been the problem. they're not just coming together. like a baseball metaphor and coming to the mound tell the pitcher to throw strikes. >> you are too bitter for starbucks. adam: you were consultant on the hill. >> i was. adam: both sides, the american people are just sick to death of this discussion. >> you could not be more right. by the way, before you come together, come back to d.c. john boehner, come on. adam: won't you come home, john boehner, won't you come
message to lawmakers about the fiscal cliff. they're using coffee cups to do the job. the ceo at starbucks is urging starbucks workers and employees in the washington, d.c. area to write on the cups, come together, come together right now. i guess quoting the beatles. thursday and friday. dennis, what do you think?. >> that should fix it. that's all we needed. either conjures up very old beatles cliche or elusive quest in the bedroom. they should cut spending or raise taxes on rich and...
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Dec 29, 2012
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the fiscal cliff battle continues right up to the very end. when we come back, former governor bill richardson will attempt to explain where president obama's leadership has been on the fiscal cliff showdown. a hannity one on one shootout and then senator dianne feinstein is introducing a new assault weapons ban and believe it or not she s actually now talking about gun owners being registered and fingerprinted. we will get to that and much we will get to that and much [ woman ] we knew it was gonna be bad, but never like this. the red cross was down here all the time. [ man ] they've given us a lot of heart. in times of need, they're there. ♪ [ kerry ] my dad was watching his house burn. he turned around, and all of a sudden, therwas this guy standing there from the red cross. at a point where i had just lost everything, the idea that there was someone there... that's an amazing thing. ♪ but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most
the fiscal cliff battle continues right up to the very end. when we come back, former governor bill richardson will attempt to explain where president obama's leadership has been on the fiscal cliff showdown. a hannity one on one shootout and then senator dianne feinstein is introducing a new assault weapons ban and believe it or not she s actually now talking about gun owners being registered and fingerprinted. we will get to that and much we will get to that and much [ woman ] we knew it was...
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Jan 1, 2013
01/13
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"fiscal cliff." the senate is close to a deal as the clock ticks toward midnight and the nation teeters on the edge of the so-called "fiscal cliff." >> let's pass the tax relief portion now. let's take what's been agreed to and get moving. >> reporter: the tentative deal would extend bush-era tax cuts for families making $450,000 a year and individuals making $400,000. it would also increase the taxes on estates worth more than $5 million and extend unemployment benefits for one year. president obama said he would have preferred a grand bargain that solved all of washington's revenue and spending problems. >> with this congress, that was obviously a little too much to hope for at this time. [ laughter ] >> it may be we can do it in stages. >> reporter: negotiations have been going on all day. lawmakers and aides moving back and forth between meeting rooms here on capitol hill on what is normally a quiet new year's eve. the major sticking upon the now is spending. the president suggested lawmakers mak
"fiscal cliff." the senate is close to a deal as the clock ticks toward midnight and the nation teeters on the edge of the so-called "fiscal cliff." >> let's pass the tax relief portion now. let's take what's been agreed to and get moving. >> reporter: the tentative deal would extend bush-era tax cuts for families making $450,000 a year and individuals making $400,000. it would also increase the taxes on estates worth more than $5 million and extend unemployment...
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Dec 31, 2012
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so we are going over the fiscal cliff, isn't that right? >> reporter: technically, that's absolutely right, you're right. because to not go over the cliff, both houses of congress will have to pass something to avert that, and the president will have to sign it. so that is true. and that is why, as i said, politically, there aren't a lot of -- there are some people who aren't that upset about it, because it kind of makes the medicine go down a little bit easier when they vote on these cuts. having said that, we've heard from democrats in particular, for weeks now, that, you know, to sort of take a deep breath, that yes, it is called the fiscal cliff, but it is more of a slope, and particularly advantageous to members of congress who haven't got be their work done that january 1st is a federal holiday. so nothing is going to happen and there aren't going to be any real-world effects, especially when we're talking about the thing that really matters the most to a lot of people around here, just how the market is reacting. we saw the market go
so we are going over the fiscal cliff, isn't that right? >> reporter: technically, that's absolutely right, you're right. because to not go over the cliff, both houses of congress will have to pass something to avert that, and the president will have to sign it. so that is true. and that is why, as i said, politically, there aren't a lot of -- there are some people who aren't that upset about it, because it kind of makes the medicine go down a little bit easier when they vote on these...
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Jan 1, 2013
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well to a special edition, the fiscal cliff edition. we're over the fiscal cliff. i'm john berman. >> i'm ali velshi. it's hard to do this after that crazy night of partying. >> yeah, right. i'm christine romans. zoraida is off today. it's 5:00 a.m. in the east. let's get you started. >>> of course as you all know because you were glued to it all night, america kicked off the new year by falling offer the fiscal cliff. but, in breaking news this morning, we're talking just hours ago, there is now a deal in place that could cushion that blow. here's what happened while you were sleeping. or sipping champagne or doing something else. on eleventh hour agreement crafted by vice president joe biden and mitch mcconnell in the senate has been passed by the senate by a margin of 89-8. that vote just took place a couple hours ago. now, it's up to the republican-controlled house to take up that plan later this morning, and that is where it gets very interesting. if the house approves, and it's a big if, the deal would generate an estimated $600 billion in new revenues over t
well to a special edition, the fiscal cliff edition. we're over the fiscal cliff. i'm john berman. >> i'm ali velshi. it's hard to do this after that crazy night of partying. >> yeah, right. i'm christine romans. zoraida is off today. it's 5:00 a.m. in the east. let's get you started. >>> of course as you all know because you were glued to it all night, america kicked off the new year by falling offer the fiscal cliff. but, in breaking news this morning, we're talking just...
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right now word of progress on capitol hill in the last minute talks to avoid the fiscal cliff. barbara boxer is talking right there on the senate floor of the house and senate both in rare new year's eve sessions today ahead of the deadline that triggers across the board tax hikes with dramatic cuts in military and domestic spending. joining us now bob cusack the manage evening editor of the hill the. great to have you here today. >> great to be here. >> many americans are frustrated that congress has taken us to the brink once again with little or no progress. what are you hearing at this moment? is there progress at this time? >> well, we are hearing that there has been progress between vice president biden and senate minority leader mitch mcconnell. still we are nearly 12 hours from the cliff. we don't have a bill. there has actually been a stunning lack of urgency on cant toll hill. on the default showdown, the government shut down there was more urgency. here there just isn't that urgency, maybe because the markets haven't been the roller coaster we thought they would be.
right now word of progress on capitol hill in the last minute talks to avoid the fiscal cliff. barbara boxer is talking right there on the senate floor of the house and senate both in rare new year's eve sessions today ahead of the deadline that triggers across the board tax hikes with dramatic cuts in military and domestic spending. joining us now bob cusack the manage evening editor of the hill the. great to have you here today. >> great to be here. >> many americans are...
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house republicans are meeting right now to decide whether or not to amend the senate's fiscal cliff bill. the ramifications could be enormous for you. we're going there live. and straight ahead also, colorado's first pop club opens its doors. we're going inside. club opens its doors. we're going inside. t club opens its doors. we're going inside. i gave birth to my daughter on may 18th, five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. >>> the new year marks the first pot club in denver. >> it's 4:20 p.m., be traditional times for stoners to light up. club 64 is open for business. the club gets its name for amendment 64 which legalized recreational use until marijuana. this is a private club opened only to members who pay a $30 fee. >> you cannot buy marijuana from the club. but you can come in here, you can share marijuana or bring in marijuana. >> the culmination of a long-fought battl
house republicans are meeting right now to decide whether or not to amend the senate's fiscal cliff bill. the ramifications could be enormous for you. we're going there live. and straight ahead also, colorado's first pop club opens its doors. we're going inside. club opens its doors. we're going inside. t club opens its doors. we're going inside. i gave birth to my daughter on may 18th, five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm...
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expecting anything, all about the fiscal cliff or what's the mood of the market? >> i'm sorry. >> it's a shame that's all we're talking about right now because there are some things we could probably focus on. >> like what? >> again, it's corporate. it's large corporations. no one is talking about small caps right now. generally in january they probably have a pretty good mood. everybody is talking about dividend-paying stocks, large caps, where there's liquidity, can get in and get out and it all ties back to the fiscal cliff. that's all we're talking about and why do anything until then? >> rick has been waiting all y day. >> whether we're sick of it or not, it has to be resolved. >> meantime, counting down, 50 minutes until the closing bell. the dow was positive when we started the show. let's call it the "street signs" glow. we've gone back into the negative territory slightly. >> see what we can do here in the last hour of the trade. if you don't think people are feel the effects of the fiscal cliff, think again. we look at very real effects of the cliff on h
expecting anything, all about the fiscal cliff or what's the mood of the market? >> i'm sorry. >> it's a shame that's all we're talking about right now because there are some things we could probably focus on. >> like what? >> again, it's corporate. it's large corporations. no one is talking about small caps right now. generally in january they probably have a pretty good mood. everybody is talking about dividend-paying stocks, large caps, where there's liquidity, can...
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right? i mean, you're waiting to see what happens with this fiscal cliff? >> i am. i tell you, i think that the christmas gift people are getting right now is to sell above 13,000. we were surprised we're not getting a deal. i'm surprised the market's as firm as it is and it is very easy to overthink this. well, must be firm. the bulls are strong. hey, we go higher. i think that's not the read at all. i think the initial reaction we got when they sent the house of representatives home on thursday night is what we're going to see when they don't get a deal done to the end of the year. i think there is no way. >> you think the market has it wrong here by being this high. >> i do. i think ultimately we're being tropical depression up by the 90 billion a month in fed liquidity but i think that comes home to roost probably as we get closer to the end of the year. the only way we have a shot to get a deal at the end of the year or maybe even early in january is if we have market pressure. right now the market is supplying no pressure to these politicians. so there is no r
right? i mean, you're waiting to see what happens with this fiscal cliff? >> i am. i tell you, i think that the christmas gift people are getting right now is to sell above 13,000. we were surprised we're not getting a deal. i'm surprised the market's as firm as it is and it is very easy to overthink this. well, must be firm. the bulls are strong. hey, we go higher. i think that's not the read at all. i think the initial reaction we got when they sent the house of representatives home on...
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gregg: the fiscal cliff is not the only threat facing the u.s. economy right now. shipments of all kinds could actually be stuck on cargo ships if a longshoreman strike goes ahead as planned. the stakes for the recovery coming up. patti ann: high noon in those fiscal cliff negotiations. >> nothing have move forward in regards to our budget crisis unless speaker boehner and mitch mcconnell will go forward with our plan. speaker boehner is willing to negotiate, we have not heard a word from mitch mcconnell, and nothing is hang. patti ann: chris vanhollen joins us next. pwhrafp [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. . patti ann: fox news alert, potentially good news for the nation's housing market. pending home sales, which measure homes that are in contract and about to be sold rose 1.7% in november to
gregg: the fiscal cliff is not the only threat facing the u.s. economy right now. shipments of all kinds could actually be stuck on cargo ships if a longshoreman strike goes ahead as planned. the stakes for the recovery coming up. patti ann: high noon in those fiscal cliff negotiations. >> nothing have move forward in regards to our budget crisis unless speaker boehner and mitch mcconnell will go forward with our plan. speaker boehner is willing to negotiate, we have not heard a word from...
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Dec 30, 2012
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so the first three months of the year you have fiscal cliff, debt limit, and appropriations laps all staring the american people in the face. i get it that people are sick of this combat at the same time it is because we have such an nasa's spending problem is the reason why these things are occurring the way they are. tom: you heard the president come out and talk to the white house press corps. he talked about maintain a middle-class tax cuts. he did not define what tht is. maybe it to 50 might be 40500. extend unemployment benefits and the spending cuts will get to those letters. >> here is what is so ironic, the same democrats in 2001 and three railed against the bush tax cuts. now see some salvation in them because they are what is propping up the economy right now beyond the ironic part of this, look, not only do you have that tax policy expiring and the sequestratn pending on january 2nd, but we have also got a lot of taxes kicking in january 1st which will pack a mighty big wallop. this is the perfect trifecta of bad things happening to the economy all at once. no one is talk
so the first three months of the year you have fiscal cliff, debt limit, and appropriations laps all staring the american people in the face. i get it that people are sick of this combat at the same time it is because we have such an nasa's spending problem is the reason why these things are occurring the way they are. tom: you heard the president come out and talk to the white house press corps. he talked about maintain a middle-class tax cuts. he did not define what tht is. maybe it to 50...
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Dec 24, 2012
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there are still struggling americans, millions looking for work and what's the fiscal cliff mean for them? >> reporter: okay. we have unemployment at 7.7% last month and mainly went down because people gave up looking for work and jdropped out of th job market and out of work six months or longer. 4.8 million americans, they're the folks worried the most about unemployment benefits not extended after the first of the year. >> as we look at that number, that's staggering for so many. we have a "the washington post" poll that indicates 74% of americans support raising taxes on the top earners in this country. with that support there, the presidential mandate of re-election and the fact he ran on raising taxes if he was given a second term, why is there such this stalemate and trepidation in washington, d.c. to get a deal done? >> reporter: how many hours do we have? let me try it this way. there's a group of hard core tea party republicans but democrats say we won because as your poll shows most americans support the president's position on higher taxes on top earners and seemingly at
there are still struggling americans, millions looking for work and what's the fiscal cliff mean for them? >> reporter: okay. we have unemployment at 7.7% last month and mainly went down because people gave up looking for work and jdropped out of th job market and out of work six months or longer. 4.8 million americans, they're the folks worried the most about unemployment benefits not extended after the first of the year. >> as we look at that number, that's staggering for so many....
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they had really nothing to say in the so-called fiscal cliff crisis. all right, the biggest winners and losers, stay with us . [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people w
they had really nothing to say in the so-called fiscal cliff crisis. all right, the biggest winners and losers, stay with us . [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online....
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liz: 8:34 before we hit that fiscal cliff, but we're checking stocks right now for two seconds, founder and ceo of beverly hills wealth management. you should have costco, target, walmart in there. now let's go to another name that you say is a great u.s. play, on china stabilizing and growing. >> yes, and that's starbucks. starbucks a great american company. everybody needs a good cup of coffee. in china there is only one starbucks for every 1.9 inhabitants, can you believe that when we have one basically on every corner? [laughter] so there's tremendous opportunity there. you've got the tea growers in china, a lot of them are now switching to coffee because of starbucks, so that's a double play for you. liz: wait until they find out what a frappucino tastes like. >> oh, look out, china. liz: two pharma companies, what do you think are the big names here because we're all getting older, and we all need new medicine. >> we're going to be buying a lot of pfizer especially and bristol-myers. those are the two picks we have. pfizer is around 24, $25 a share, bristol-myers about 31. and the
liz: 8:34 before we hit that fiscal cliff, but we're checking stocks right now for two seconds, founder and ceo of beverly hills wealth management. you should have costco, target, walmart in there. now let's go to another name that you say is a great u.s. play, on china stabilizing and growing. >> yes, and that's starbucks. starbucks a great american company. everybody needs a good cup of coffee. in china there is only one starbucks for every 1.9 inhabitants, can you believe that when we...
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Jan 1, 2013
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the fiscal cliff edition of "starting point" begins right now. >> our "starting point" this morning is breaking news. the senate strikes a deal on the fiscal cliff, but not before we've officially fallen off the cliff. we are off it right now. here is where things stand right now. a bill crafted by vice president joe biden and minority leader mitch mcconnell passed in the senate by a margin of 89-8. happened just after 2:00 in the morning. the republican controlled house has agreed to consider this later this morning. but anyone's guess how this will turn out. if the house votes yes, the measure would generate 600 billion in revenues over the next ten years. how things are sized up overnight. >> i've said all along, our most important priority is protecting middle class families. this legislation does this. >> this shouldn't be the model of how we do things around here. but i think we can sigh we've done some good for the country. >> if it passes the house, here is what the plan means for you and your family. bush era tax cuts would stay in place for individuals earning less than $400,
the fiscal cliff edition of "starting point" begins right now. >> our "starting point" this morning is breaking news. the senate strikes a deal on the fiscal cliff, but not before we've officially fallen off the cliff. we are off it right now. here is where things stand right now. a bill crafted by vice president joe biden and minority leader mitch mcconnell passed in the senate by a margin of 89-8. happened just after 2:00 in the morning. the republican controlled...
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Jan 1, 2013
01/13
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WMAR
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yolo and fiscal cliff. >> what's trending right now? >> are these trending? it's a good look, isn't it? happy new year, everybody. these are my new prescription glasses. i'm going to wear them the reps of the year. >> big things in store for you. >>> with the new year new laws and some don't make sense. >> we'll let you know where you can no longer sell shark fins. i didn't know that you could sell them. that's coming up. ♪ >>> what about these? >> i didn't know that your hit lit up. come here, step in front of the camera. his hat lights up. we really got ripped off. look at that. i'm going to borrow this, actually. you can have my pink one. >> there's going to be a lot of things you can no longer do in 2013. >> in california, there are 800 new laws that go into effect today. pink is your color, by the way. linsey davis has the rundown of some of the more unusual new rules. >> reporter: when the ball drops, it's all about out with the old and in with the new. new laws that is. some that are rather unusual. like public act 97743 in illinois, which imposes a
yolo and fiscal cliff. >> what's trending right now? >> are these trending? it's a good look, isn't it? happy new year, everybody. these are my new prescription glasses. i'm going to wear them the reps of the year. >> big things in store for you. >>> with the new year new laws and some don't make sense. >> we'll let you know where you can no longer sell shark fins. i didn't know that you could sell them. that's coming up. ♪ >>> what about these?...
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Dec 28, 2012
12/12
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KTVU
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happening right now the president is meeting with congressional leaders about the fiscal cliff. what other lawmakers are saying about the lack pouf of progress on a deal. >> steve paulson will be up in a few minutes to tell you about the light rain moving this way and what you can expect in your neighborhood over the weekend. >>> 100 years of muni, we will show you footage from the early days. [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price you can definitely count on, for two whole years. from at&t. [ female announcer ] a great price for a great triple-play bundle. [ male announcer ] call now. bundles with u-verse tv, internet and home phone start at $89 a month. now get the same great price for two years. [ female announcer ] switch today and get a total home dvr included, free for life. [ male announcer ] you get reliable, high speed internet on our advanced digital network. choose
happening right now the president is meeting with congressional leaders about the fiscal cliff. what other lawmakers are saying about the lack pouf of progress on a deal. >> steve paulson will be up in a few minutes to tell you about the light rain moving this way and what you can expect in your neighborhood over the weekend. >>> 100 years of muni, we will show you footage from the early days. [ female announcer ] this is a special message from at&t. [ male announcer ] it's...
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Dec 30, 2012
12/12
by
CNNW
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so, what else is at stake in the fiscal cliff? let's look at the other issues, things that we are not sure will be in a deal that comes out this week. at the top of the list, government spending cuts that is 8-10% in cuts to every federal agency. and a pay cut for medicare doctors of 27% that would hit after january 1st and finally, don, there's a slew of other tax hikes. the minimum tax and the estate tax. that is everything that would hit average americans. the fiscal cliff, it may be bigger than people realize. don? >> lisa, thank you very much. a lot of us would like to tell lawmakers what we think of them. here is your chance right now, go to our ireport.com and start a message and we will play them to congress on air. it's murder charges now for a new york city woman who we are told has confessed to pushing a man in the subway track to his death. these details are new and we are still gathering information. there is david, he is in new york. david, what has this woman confessed? >> she seems to have confessed to a hate crime
so, what else is at stake in the fiscal cliff? let's look at the other issues, things that we are not sure will be in a deal that comes out this week. at the top of the list, government spending cuts that is 8-10% in cuts to every federal agency. and a pay cut for medicare doctors of 27% that would hit after january 1st and finally, don, there's a slew of other tax hikes. the minimum tax and the estate tax. that is everything that would hit average americans. the fiscal cliff, it may be bigger...
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Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 240
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right now what we're seeing in our fiscal cliff discussions is a lot of craziness, right? when money is out there and there is a limited amount of money you'll see a lot of weird things happen and you'll see that over a long period of time. this will not be the last headline you read about a municipality having to go through some sort of legal, you know, wrangling to try to get bond holders paid back or keep a pension going. that happens when you have a bad economy. and california is a terrible economy and the united states is right behind it. arthel: san diego figured it out. san jose figured it out. they restructured the pension payouts, why can't the other cities do that? >> that is a good yes question. and i think that's what it will come down to, who is running these organizations, why are they getting paid so much and who is making the decisions. at some point you'll see trustees come in and hopefully sounder minds. for right now you'll continue to hear this. even though san diego fixed theirs and san jose fixed theirs sometimes that is a little bit of -- we'll proba
right now what we're seeing in our fiscal cliff discussions is a lot of craziness, right? when money is out there and there is a limited amount of money you'll see a lot of weird things happen and you'll see that over a long period of time. this will not be the last headline you read about a municipality having to go through some sort of legal, you know, wrangling to try to get bond holders paid back or keep a pension going. that happens when you have a bad economy. and california is a terrible...
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Dec 29, 2012
12/12
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MSNBCW
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fiscal cliff. got less than three days to go now, folks. at the same time in his weekly address today, the president says he's preparing a plan of action if no deal is reached. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up or down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job, and lays the ground work for future progress on more economic growth and deficit reduction. >> republicans say they want a deal as well, but they highlighted their biggest sticking points today in their weekly address. listen now to missouri senator roy blount. >> senate democrats have spent months drawing partisan lines in the sand. the president's proposal to raise tax on the top 2% of americans won't even pay one-third of the annual interest that's now owed on this massive $16 trillion debt. in fact, the president's tax hike would only fund the government for eight days. >> the senate i
fiscal cliff. got less than three days to go now, folks. at the same time in his weekly address today, the president says he's preparing a plan of action if no deal is reached. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up or down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job, and lays the ground work for future progress on more economic growth and...